Name: 2MA_4Level
Rating: 4.260869565217392 (23 reviews)
Author: Vladimir Karputov

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Published by:

Vladimir Karputov

Views:

5907

Rating:

(23)

Published:

2017.03.02 09:51

Updated:

2018.02.15 17:19

2MA_4Level.mq5 (25.5 KB) view

Download as ZIP, How to download code from MetaEditor

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The Expert Advisor uses the values of two iMA (Moving Average, MA) indicators.

Author of idea — Iurii Tokman, author of the MQL5 code — barabashkakvn.

Operation Principle

2 SMA — fast and slow. The averaging period of the fast SMA is always less than that of the slow one.

Also uses the following levels:

+ 250 points along Y

+ 500 points along Y

- 250 points along Y

- 500 points along Y

Results:

2MA_4Level tester

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/17239

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The Expert Advisor places two pending orders (BuyStop and SellStop) with the specified expiration.

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The EA places pending stop orders BUY_STOP and SELL_STOP.

2MA_4Level - expert for MetaTrader 5